US Jobless Claims Drop to 197,000 as Layoffs Stay Near Historic Lows
Fewer Americans filed for unemployment benefits last week than almost anyone expected. US jobless claims slipped to 197,000 for the week ended October 3, according to the Labor Department's Thursday report, coming in below the 200,000 economists had penciled in. It's the fourth straight week that new claims have hovered near 57-year lows — a … Read more